2708 Grove AveCarlsbadCA92008
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Carlsbad at 2708 Grove Ave, Carlsbad, CA, 92008 generates $5,824/mo in rent, after a $7,807/mo payment. Total monthly income is $5,824/mo. Return on cash invested sits at 10.98% in year one, and rental yield is 4.38% on a $1,595,000 entry. Equity gained on principal adds $10,292/yr, while 5% annual appreciation builds toward $440,669 over five years. Five-year ROI reaches 54.86% and total cumulative return in cash sums $283,517. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,824/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92008, Carlsbad, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,495 (100%) |
| Owner Occupied HU | 5,994 (44.4%) |
| Renter Occupied HU | 6,119 (45.3%) |
| Vacant Housing Units | 1,382 (10.2%) |
| Median Home Value | $1,266,327 |
| Average Home Value | $1,324,287 |
Housing Distribution
Address Breakdown
Residential
12,219
Single Family
9,858
Multi-Family
2,361
Businesses
2,092
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Listed by: Cyd Panaccione • Brush Real Estate Services Inc
Mls Name: SDMLS
Mls ID: #250033279